Uber is in talks to acquire some of valet startup Luxe's assets and engineers, as the Wall Street Journal first reported and Axios has learned. The talks are not final yet.

Not the end: While Luxe is working to sell of part of its business, the company itself, which has raised more than $75 million including from Hertz, isn't shutting down. Rather, the startup is looking to shed its original door-to-door valet service after concluding earlier this year that it should shift to more efficient approaches to parking, according to one source.

As Axios reported in January, Luxe opted to shut down operations in some cities to adjust its strategy and focus on its main markets. Since then, the company has also ended its door-to-door valet service (despite saying in January that each transaction is "profitable") and has been working on a new set of services it will debut in the summer, CEO Curtis Lee told Axios in April. The focus is expected to be on self-service and other less resource-heavy options.

Parking challenges: Despite several valet services cropping up a few years ago, virtually all have since shut down or shifted to different models as they've discovered the difficulties and inefficiencies of managing labor costs (valets) and logistics.

Go deeper

Supreme Court rejects GOP push to cut absentee ballot deadline in N.C.

Photo: Robert Alexander/Getty Images

The Supreme Court on Wednesday rejected an attempt by conservatives to shorten North Carolina's deadline for mail-in ballots from nine to three days.

The big picture: This is the latest of a series of decisions over mail-in ballot deadlines in various states.

Hurricane Zeta makes landfall on Louisiana coast as Category 2 storm

A satellite image of Hurricane Zeta. Photo: National Hurricane Center/NOAA

Hurricane Zeta made landfall along the southeastern coast of Louisiana as a Category 2 storm on Wednesday, bringing with it "life-threatening storm surge and strong winds," per the National Hurricane Center.

What's happening: The hurricane was producing maximum sustained winds of nearly 110 mph and stronger gusts.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Biden ahead in Wisconsin, Michigan as cases surge in the Midwest.
  2. Health: Surge "is real" and not just caused by more tests, Trump's testing czar saysMask mandates help control rise in hospitalizations Some coronavirus survivors have "autoantibodies."
  3. Business: Surge is sinking consumer confidence Testing is a windfall.
  4. World: Europe faces "stronger and deadlier" coronavirus wave France imposes lockdown as Macron warns of overwhelming second COVID wave Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed as COVID-19 surges MLB to investigate Dodgers player who joined celebration after positive COVID test.

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